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Euro Zone 2015

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More time for deficit cuts if parliament approves reforms: Eurogroup head

THE HAGUE Euro zone countries that break the EU budget deficit limit should get more time to cut the gap only if their parliaments approve structural reforms, the chairman of euro zone finance ministers Jeroen Dijsselbloem told Reuters on Friday.

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Euro zone awaits Greek reform plan as bailout deadline looms

THE HAGUE Euro zone finance ministers are waiting to hear on Feb. 11 how Greece wants to become financially independent as time runs out for the new government in Athens to sign up to agreed reforms, the chairman of the ministers said on Friday.

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Greece must take bitter pill like Portugal: minister

LISBON Portugal went through years of tough austerity which is now bearing fruit and Greece too must abide by its commitments to its single currency partners and creditors, Portugal's economy minister told the Reuters Euro Zone Summit.

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EU deal with Greece can be reached: Spain economy minister

MADRID Greece will be able to reach agreement with its European partners and any turmoil poses little risk for Spain where the government is poised to raise its growth forecasts, Spanish Economy Minister Luis de Guindos said.

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Sinn Fein shrugs off possible unionist role in British government

DUBLIN Sinn Fein leader Gerry Adams shrugged off the possibility of arch rivals the Democratic Unionist Party propping up a Conservative-led government following upcoming British elections, saying any unionist advantage would be temporary.

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Ignoring Greeks' plight will fuel far right - Sinn Fein's Adams

DUBLIN Europe and the "undemocratic" European Central Bank risk fuelling the growth of right wing parties across the continent if they ignore the will of the Greek people, Gerry Adams, leader of Ireland's leftist Sinn Fein said on Thursday.

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Greece needs bailout extension to negotiate reforms: EU

BRUSSELS Greece can choose how to make its public finances healthy and its economy grow, but it must extend its bailout program by a few months to gain time to negotiate those steps, European Commission Vice President Valdis Dombrovskis said.

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German ZEW chief sees one in five chance of Greece leaving euro

FRANKFURT The probability of Greece leaving the euro zone has jumped from virtually nothing to at least 20 percent since Syriza's Jan. 25 election victory, the head of the German ZEW think tank told Reuters.

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Germany must ease up on austerity to revive euro zone: UK Labour

LONDON Germany must relax its insistence on austerity and stoke domestic demand so struggling euro zone nations like Greece can grow their way out of crisis, the man who could be Britain's finance minister after May elections said.

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Labour is UKIP's top election adversary: Farage

BRUSSELS Labour leader Ed Miliband is the top target of the UK Independence Party in this year's British general election because of his refusal to back a referendum on leaving the European Union, UKIP leader Nigel Farage said on Tuesday.

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French finance minister: Europe budget sanctions 'not acceptable'

PARIS The European Commission must take low inflation and growth into account to give countries like France more time to rein in their budget deficits, Finance Minister Michel Sapin told Reuters, saying a "Europe of sanctions" was not acceptable.

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